SNL Bearings Ltd. engages in the manufacture and marketing of antifriction bearing products. Its products include small end cage, big end cage, full complement shell, cage guided cell, and needle roller. It operates through the Within India and Outside India geographical segments. The company was founded on March 5, 1979 and is headquartered in Mumbai, India.
SNL Bearings Dividend Announcement
• SNL Bearings announced a annually dividend of ₹7.00 per ordinary share which will be made payable on 2024-10-18. Ex dividend date: 2024-09-11 • SNL Bearings annual dividend for 2024 was ₹7.00 • SNL Bearings annual dividend for 2023 was ₹6.50 • SNL Bearings's trailing twelve-month (TTM) dividend yield is 1.77% • SNL Bearings's dividend growth over the last five years (2018-2023) was 5.39% year
SNL Bearings current trailing twelve-month (TTM) dividend yield is 1.77%. Interested in purchasing SNL Bearings stock? Use our calculator to estimate your expected dividend yield:
SNL Bearings Financial Ratios
P/E ratio15.54
PEG ratio0.16
P/B ratio2.29
ROE15.51%
Payout ratio0.00%
Current ratio8.24
Quick ratio6.51
Cash Ratio0.03
SNL Bearings Dividend FAQ
How much is the next SNL Bearings dividend?
SNL Bearings's board of directors will review the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the next SNL Bearings dividend. The next SNL Bearings dividend will be released in September.
When is SNL Bearings dividend paid?
SNL Bearings pays dividends on a annually basis. The specific dates may vary each year but are generally around September. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
What dividend does SNL Bearings pay?
The specific amount of SNL Bearings dividend can vary from quarter to quarter and year to year, based on a variety of factors including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SNL Bearings's dividend history.
Does SNL Bearings stock pay dividends?
Yes, SNL Bearings does pay dividends to its shareholders. However, the specific amount and frequency of these dividends can vary based on a variety of factors, including the company's financial performance, the global economic situation, and the decisions of its board of directors. In the above table you can find SNL Bearings's dividend history.
How much dividend does SNL Bearings pay?
SNL Bearings paid ₹7.0 in 2024, ₹6.5 in 2023, ₹6.5 in 2022, ₹4.5 in 2021, and ₹3.0 in 2020.
How often does SNL Bearings pay dividends?
SNL Bearings typically pays dividends on a annually basis. This means that dividends are usually distributed 1 times a year. The specific payout dates may vary each year but generally fall around September.
What is SNL Bearings's dividend yield?
The current dividend yield for SNL Bearings is 1.77%. The dividend yield is calculated by dividing the annual dividend payment by the price of the stock. Both of these numbers can fluctuate daily due to changes in the stock price and any updates to the dividend payment. Use the dividend calculator on this page to calculate SNL Bearings's exact dividend yield.
When does SNL Bearings go ex dividend?
SNL Bearings's ex-dividend date for the latest dividend was on 2024-09-11. SNL Bearings typically goes ex-dividend a few weeks before the payment date. The specific dates can vary each year and for each dividend payment.
When is the next SNL Bearings dividend paid?
SNL Bearings pays dividends on a annually basis, typically around September, but the exact dates can vary each year.
Will SNL Bearings increase its dividend?
Decisions about dividend payments are made by the company's board of directors and are based on a variety of factors. To understand whether SNL Bearings will increase its dividend, it's beneficial to look at the company's earnings, financial health, future business prospects, and the overall economic environment.
How much is SNL Bearings dividend per share?
SNL Bearings paid ₹7.0 per share in 2024 and ₹6.5 per share in 2023. The amount of dividend per share that SNL Bearings pays can vary each quarter based on a range of factors including the company's earnings, financial health, and decisions made by its board of directors.
Is SNL Bearings a dividend aristocrat?
No, the term "Dividend Aristocrat" is typically used to describe a company in the S&P 500 index that has increased its dividend payouts for at least 25 consecutive years.
Is SNL Bearings a dividend king?
No, a "Dividend King" is a company that has managed to increase its dividend payouts for 50 consecutive years or more, which is an even more selective group than the Dividend Aristocrats.
Is SNL Bearings a dividend stock?
Yes, SNL Bearings is considered a dividend stock. A dividend stock is a stock of a company that regularly pays out dividends to its shareholders.
Is SNL Bearings a good dividend stock?
Whether SNL Bearings is a good dividend stock depends on several factors and can vary depending on individual investment goals, risk tolerance, and the overall market conditions. SNL Bearings has a history of paying regular dividends, which can make it attractive to income-focused investors.
Other factors to consider when evaluating SNL Bearings as a dividend stock include its dividend yield, dividend growth, payout ratio, and the sustainability of its dividend payments given its earnings and cash flow. These factors can provide insight into the company's ability to maintain or increase its dividend in the future.
Does SNL Bearings pay dividends monthly?
SNL Bearings typically pays dividends on a annually basis.
Does SNL Bearings pay dividends quarterly?
SNL Bearings currently pays dividends on a annually basis.
Has SNL Bearings ever paid a dividend?
Yes, SNL Bearings has a history of paying dividends to its shareholders. SNL Bearings is known for its dividend payments, which have made it an attractive investment for income-focused investors.
How to buy SNL Bearings dividend stocks?
To buy SNL Bearings you need a brokerage account. Open an account with a reputable brokerage firm that offers access to the stock market. Consider factors such as fees, account minimums, and the availability of dividend reinvestment programs (DRIPs) if you wish to reinvest your dividends automatically.
Place an order: Use the brokerage's trading platform to place an order to buy SNL Bearings stock.
Remember that buying stocks involves risk, and it's important to carefully consider your investment goals, risk tolerance, and conduct thorough research before making any investment decisions.
When does SNL Bearings pay dividends 2024?
SNL Bearings pays dividends on a annually basis. 2024 dividend payments are in 2024-10-18. However, please note that the exact timing and amount can vary, and companies may also decide to change their dividend policy based on their financial health and other considerations.
Will SNL Bearings increase its dividend in 2024?
Decisions regarding SNL Bearings dividend increases are typically made by a company's board of directors based on various factors, including financial performance, cash flow, investment needs, and market conditions. For an up-to-date SNL Bearings dividend overview you can look into the above table of dividend history.
How SNL Bearings dividend works?
The SNL Bearings dividend works by distributing a portion of the company's profits to its shareholders on a per-share basis. Here's a general overview of how SNL Bearings's dividend process works:
1. Determination of Dividend: SNL Bearings's board of directors reviews the company's financial performance, cash flow, future investment needs, and other relevant factors to determine the amount and timing of dividend payments.
2. Dividend Declaration: Once the board approves a dividend, SNL Bearings publicly announces the dividend amount, currency, and the ex-dividend date. The ex-dividend date is the date on or after which the buyer of the stock will not be eligible to receive the upcoming dividend payment.
3. Record Date: The record date is the date on which the company checks its records to identify shareholders who are eligible to receive the dividend. Only shareholders on record as of this date will receive the dividend.
4. Payment Date: On the designated payment date, SNL Bearings distributes the dividend to eligible shareholders. The dividend is usually paid in the form of cash directly into the shareholder's brokerage account or through other designated payment methods.
5. Tax Implications: Dividends received from SNL Bearings are generally taxable as income. Shareholders may need to report dividend income on their tax returns and pay applicable taxes according to their jurisdiction's tax regulations.
How are SNL Bearings dividends paid?
SNL Bearings dividends are typically paid in cash directly to eligible shareholders. The payment process involves the following steps:
1. Record Date: SNL Bearings sets a record date, which is the date on which the company checks its records to determine the eligible shareholders. Only those who are shareholders on record as of this date will receive the dividend.
2. Payment Date: On the designated payment date, SNL Bearings distributes the dividend to eligible shareholders. The payment is usually made electronically, directly into the shareholder's brokerage account or bank account.
3. Currency: SNL Bearings declares the currency in which the dividend will be paid. Depending on the shareholder's location and the currency election made by the shareholder, the dividend will be converted to the appropriate currency during the payment process.
How many times does SNL Bearings pay dividends?
SNL Bearings typically pays dividends on a annually basis. The specific payment dates can vary each year and are usually announced when the company releases its financial results for each quarter.
What months does SNL Bearings pay dividends?
The general pattern is that SNL Bearings pays dividends around September. However, the exact payment dates can vary each year and are typically announced when the company releases its financial results for each quarter.
Is SNL Bearings dividend safe?
The safety of SNL Bearings's dividend is subject to various factors and cannot be determined with certainty. It is influenced by the company's financial performance, cash flow, and the overall economic and industry conditions.
To assess the safety of SNL Bearings's dividend, it is crucial to analyze the company's financial health, debt levels, cash flow generation, and ability to sustain dividend payments over the long term. Additionally, monitoring the company's future earnings, cash flow projections, and management's commitment to dividend policies can provide valuable insights.
It is recommended to review SNL Bearings's financial reports, official announcements, and consult with financial advisors or experts who have access to the most current and comprehensive information about the company's financial situation.